October 6, 2017 Comments Off on $110M Financing for Three State, Grocery-Anchored Portfolio Views: 1157 Florida, Georgia, National News, Southeast, Tennessee

$110M Financing for Three State, Grocery-Anchored Portfolio

HFF worked on behalf of Branch Retail Partners, L.P. and its affiliate Branch Properties, LLC to place $110 million in financing on a portfolio of six grocery-anchored retail properties totaling 876,153 square feet in Georgia, Florida and Tennessee. The seven-year, fixed-rate loan was placed with one of HFF’s life insurance company correspondent lenders.

The portfolio consists of properties located throughout the southeastern United States and anchored by Publix, Kroger and Whole Foods. The portfolio assets are located in high-growth markets and received considerable interest from the lending community due to its strong financial performance.

The HFF debt placement team representing the borrower included Chip Sykes and James Clingman.

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